PARTICULARITĂŢI ÎN EVALUAREA PE BAZA MULTIPLILOR LA COMPANIILE COTATE LA BVB
PARTICULARITIES IN EVALUATING BVB LISTED COMPANIES ON THE BASE OF MULTIPLES
Author(s): Daniel ManaţeSubject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: relative valuation; price multiples; valuation ratios; benchmark comparison; constant growth rate; bull market; bear market
Summary/Abstract: The paper presents the utility of relative valuation in the case of listed securities in relation to an appropriate benchmark derived from the market. Relative valuation ratios are important tools for sophisticated investors in identifying the mispricing of different capital markets, sectors or securities
Journal: Studia Universitatis Vasile Goldiş, Arad - Seria Ştiinţe Economice
- Issue Year: 18/2008
- Issue No: 1
- Page Range: 105-110
- Page Count: 6
- Language: Romanian